{"id":76210,"date":"2026-07-31T22:25:43","date_gmt":"2026-07-31T22:25:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/usdt-issuer-tether-hits-1-5b-q2-profit-hoards-98932-bitcoin\/"},"modified":"2026-07-31T22:25:43","modified_gmt":"2026-07-31T22:25:43","slug":"usdt-issuer-tether-hits-1-5b-q2-profit-hoards-98932-bitcoin","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/usdt-issuer-tether-hits-1-5b-q2-profit-hoards-98932-bitcoin\/","title":{"rendered":"USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tether reported $1.5B in Q2 profit as USDT cap reached $184.6B, capturing 60% of the stablecoin market.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tether backed USDT with $115B in Treasuries and $18.8B in gold, building $4.11B in excess reserves.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tether hired KPMG for its first third-party audit, driving transparency after adding 30 million users.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Tether Releases Q2 Attestation, Reports $1.5 Billion Operating Profit<\/h2>\n<p>Tether, the largest cryptocurrency financial services company, has released stellar results for Q2 2026.<\/p>\n<p>In an <a href=\"https:\/\/assets.ctfassets.net\/vyse88cgwfbl\/2kYf7r64h3tzwiu6F0CbUB\/2997abd2f11ecea74a21528048b50707\/Opinion___Report_-_Tether_International_Financial_Figure_30-06-2026.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">attestation signed by BDO Advisory Services<\/a>, which examined Tether\u2019s numbers as of June 30, the company reported a net operating profit of $1.5 billion in Q2 2026, with increased issuance and growing adoption levels.<\/p>\n<p>According to the report, USDT\u2019s market capitalization grew by $446 million compared to Q1, reaching $184.6 billion and controlling 60% of the stablecoin sector even as the overall cryptocurrency market valuation shrank. Furthermore, Tether maintains its position as one of the largest private holders of U.S. Treasuries, hoarding close to $115 billion in these instruments.<\/p>\n<figure id=\"attachment_835695\" aria-describedby=\"caption-attachment-835695\" style=\"width:1280px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-835695\" class=\"wp-caption-text\">Tether reserves breakdown. Source: Tether Q2 2026 Financial Figures &amp; Reserves Report.<\/figcaption><\/figure>\n<p>The second source of collateral for Tether\u2019s stablecoin issuance is gold, with the attestation certifying holdings valued at $18.83 billion as the company added 14 tons of gold during Q2.<\/p>\n<p>Tether\u2019s bitcoin holdings grew to over 98,932 BTC worth $5.8 billion at June 30\u2019s $58,642.15 per coin prices.<\/p>\n<p>Assets backing USDT exceed the company\u2019s liabilities by $4.11 billion, underscoring <a href=\"https:\/\/news.bitcoin.com\/stablecoin-shakeup-12-billion-disappears-in-2-months-while-tether-refuses-to-flinch\/\">Tether\u2019s resilience during unfavorable market conditions.<\/a><\/p>\n<p>Tether CEO Paolo Ardoino<a href=\"https:\/\/tether.io\/news\/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons\/\" target=\"_blank\" rel=\"noopener noreferrer\"> remarked on the company\u2019s ability to navigate these conditions<\/a> while maintaining profitability and operability. <strong>\u201cQ2 demonstrated the strength of Tether\u2019s reserve strategy under real market pressure,\u201d <\/strong>he said, stressing that the assets that back some of its reserves <strong>\u201cwere tested directly.\u201d<\/strong><\/p>\n<p>Ardoino pointed out that USDT\u2019s user base grew by more than 30 million users, underscoring the popularity of Tether\u2019s key stablecoin business in global markets.<\/p>\n<p><strong>\u201cThese results show that Tether has the liquidity, discipline, and scale to remain resilient across market cycles while continuing to serve hundreds of millions of users around the world,\u201d<\/strong> he concluded.<\/p>\n<p>While Tether has been releasing quarterly attestations since its launch, the company is taking action to release its first third-party audit, having hired Big Four firm KPMG to be part of its transparency pivot.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/stablecoins\/usdt-issuer-tether-hits-1-5b-q2-profit-hoards-98932-bitcoin\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Tether reported $1.5B in Q2 profit as USDT cap reached $184.6B, capturing 60% of the stablecoin market. Tether backed USDT with $115B in Treasuries and $18.8B in gold, building $4.11B in excess reserves. Tether hired KPMG for its first third-party audit, driving transparency after adding 30 [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":76211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76210"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76210"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76211"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}